Central Bank

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Governor of the Central Bank Philip Lane. The State has launched an international search for a replacement for Mr Lane, who is the next ECB chief economist. Photograph: Tom Honan

Wanted: one Central Bank of Ireland governor for immediate start. Essential attributes required: wonkish proficiency in economics, ability to ignore s(...)

Minister for Finance Paschal Donohoe has begun the process of finding a new Central Bank governor. Photograph: Aidan Crawley/The Irish Times

Minister for Finance Paschal Donohoe has given prospective candidates to lead the Central Bank two weeks to register their interest, after European le(...)

Philip Lane: he is set to be confirmed   as the Republic’s first ECB executive board member. He is also the favourite to become the organisation’s chief economist.  Photograph:  Reuters

When Otmar Issing, one of the prime architects of the euro, was asked in 2001 to help select an outstanding European economist under 40, one name stoo(...)

Michael D’Arcy, Minister of State for Finance: “The era of insurance companies saying ‘this is the way it is’, that’s not going to continue.” Photograph: Dara Mac Dónaill / The Irish Times

Legislation will be passed to force insurance companies to change the way they treat customers, Minister of State for Finance, Michael D’Arcy, has de(...)

Fixed-rate mortgages  increased over the fourth quarter of last year, with new drawdowns exceeding repayments by €1.8bn

New mortgage lending in the Republic rose by €1 billion to nearly €9 billion last year, according to the Central Bank. This was the largest annual inc(...)

Finance Ireland chief executive Billy Kane says the lender is now a “substantial business” challenging the main banks across a number of sectors. Photograph: Bryan James Brophy

Finance Ireland, the State’s largest non-bank retail lender, has launched a series of residential mortgage products in a bid to compete with the main (...)

FBD chief executive Fiona Muldoon said the cost of insurance claims remained too high in Ireland.  Photograph: iStock

Irish insurers recorded a combined €31.1 million profit on motor coverage in 2017, after racking up €757 million of losses over the previous four year(...)

The Money Advice and Budgeting Service has said it intends to employ accountants to further scrutinise cases where it feels arrears statements show cause for concern. Photograph: iStock

The Central Bank is to examine the practice of financial lenders applying legal fees to the mortgage arrears accounts of homeowners involved in repos(...)

Some 44,000 mortgage accounts were in arrears for more than 90 days, a 2.6 per cent fall versus the previous three months.

The number of residential mortgage accounts in arrears has continued to decline, falling 2 per cent in the final three months of 2018, new figures sho(...)

Sterling trimmed its losses in a volatile session on Tuesday evening after UK parliamentarians voted down Theresa May’s tweaked Brexit deal

Sterling trimmed its losses in a volatile session on Tuesday evening after UK parliamentarians voted down Theresa May’s tweaked Brexit deal, prompting(...)

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